PUBLISHER: The Business Research Company | PRODUCT CODE: 1945225
PUBLISHER: The Business Research Company | PRODUCT CODE: 1945225
A functional brain imaging system consists of technologies that visualize and measure brain activity by tracking changes in blood flow, oxygen levels, or metabolism when specific brain regions are active. These systems are used in research and clinical practice to study brain function and diagnose neurological and psychiatric disorders.
The primary types of functional brain imaging systems include functional magnetic resonance imaging (fMRI) systems, functional near-infrared spectroscopy (fNIRS) systems, positron emission tomography (PET) systems, and others. Functional magnetic resonance imaging (fMRI) systems utilize strong magnetic fields and radio waves to measure brain activity by detecting changes in blood flow. These systems are used in applications across hospitals and diagnostic imaging centers and by end users such as neurology, psychiatry, oncology, and cognitive science departments.
Tariffs are impacting the functional brain imaging system market by increasing the cost of importing high-end imaging equipment such as fMRI, PET, and hybrid systems. Segments like clinical fMRI systems and whole-body PET systems are most impacted, with regions like North America and Asia-Pacific facing higher import duties. These tariffs have led to increased production and acquisition costs, slowing procurement in some markets. However, they have also encouraged local manufacturing, development of cost-efficient alternatives, and investment in domestic imaging technology production.
The functional brain imaging system market research report is one of a series of new reports from The Business Research Company that provides functional brain imaging system market statistics, including functional brain imaging system industry global market size, regional shares, competitors with a functional brain imaging system market share, detailed functional brain imaging system market segments, market trends and opportunities, and any further data you may need to thrive in the functional brain imaging system industry. This functional brain imaging system market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The functional brain imaging system market size has grown strongly in recent years. It will grow from $5.08 billion in 2025 to $5.45 billion in 2026 at a compound annual growth rate (CAGR) of 7.4%. The growth in the historic period can be attributed to limited availability of high-resolution imaging systems, dependence on traditional imaging techniques, rising prevalence of neurological disorders, growing academic research in brain function, early adoption of fMRI technologies.
The functional brain imaging system market size is expected to see strong growth in the next few years. It will grow to $7.17 billion in 2030 at a compound annual growth rate (CAGR) of 7.1%. The growth in the forecast period can be attributed to advancements in portable and wearable fNIRS devices, increasing integration of ai in brain imaging analysis, expansion of hybrid pet/mri and pet/ct systems, rising funding for cognitive neuroscience research, growth in hospital and diagnostic imaging infrastructure. Major trends in the forecast period include rising adoption of functional brain imaging in clinical diagnosis, integration of portable and wearable brain imaging devices, growth in research applications for cognitive science, increasing focus on neurology and psychiatry applications, expansion of hybrid imaging modalities for brain studies.
The increasing prevalence of brain cancer is increasingly supporting the expansion of the functional brain imaging system market going forward. Brain cancer involves the uncontrolled growth of abnormal cells in the brain that form tumors and disrupt neurological function. The rising prevalence of brain cancer is associated with aging populations, improved detection methods, environmental exposure risks, and enhanced reporting accuracy. Functional brain imaging systems improve diagnostic precision, guide safer treatment planning, and support continuous monitoring, ultimately enhancing patient outcomes. For example, in 2023, according to Cancer Australia, a government-affiliated cancer control agency, Australia recorded 1,597 deaths due to brain cancer, with projections indicating this number could rise to 1,639 deaths by 2025. As a result, the increasing prevalence of brain cancer is reinforcing expansion within the functional brain imaging system market.
Leading companies operating in the functional brain imaging system market are focusing on developing innovative technologies, such as advanced pulse sequence methods, to improve image resolution, diagnostic accuracy, and scan efficiency. Pulse sequence technology refers to the controlled application of radiofrequency pulses and magnetic gradients during MRI scans to generate detailed images. For example, in July 2024, Fujifilm Holdings Corporation, a Japan-based company, launched Aperto Lucent, an open 0.4-tesla MRI system incorporating RADAR motion-compensating pulse sequence technology. This system reduces motion artifacts, minimizes rescans, and lowers operational costs through the use of permanent magnet technology.
In October 2023, MBF Bioscience Inc., a US-based provider of software and hardware solutions for neuroscience research, acquired Neurophotometrics Inc. for an undisclosed amount. With this acquisition, MBF Bioscience aims to enhance its capabilities in optical imaging and neurophysiology, expanding its product offerings for neuroscience researchers. Neurophotometrics Inc. is a US-based provider of functional brain imaging systems, including optical imaging hardware and tools for neuroscience research applications.
Major companies operating in the functional brain imaging system market are Siemens Healthineers AG, General Electric HealthCare Technologies Inc., NordicNeuroLab AS, Koninklijke Philips N.V., Shimadzu Corporation, Toshiba International Corporation, Elekta AB, Canon Medical Systems Corporation, Cortech Solutions Inc., Compumedics Ltd., Brain Products GmbH, Aspect Imaging Ltd., ANT Neuro GmbH, BIOPAC Systems Inc., Neuroelectrics Corporation, Twente Medical Systems International(TMSI) B.V., Advanced Brain Monitoring Inc., Gowerlabs Ltd., Artinis Medical Systems B.V., NIRx Medical Technologies LLC
North America was the largest region in the functional brain imaging system market in 2025. The regions covered in the functional brain imaging system market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the functional brain imaging system market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain
The functional brain imaging system market consists of revenues earned by entities by providing services such as diagnostic services, research services, monitoring services, customized functional mapping, consulting services, training and education, and telemedicine services. The functional brain imaging system market also includes sales of magnetic resonance imaging (MRI) machines, transcranial magnetic stimulation (TMS) devices, contrast agents, software for image analysis, and head coils and caps. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Functional Brain Imaging System Market Global Report 2026 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses functional brain imaging system market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for functional brain imaging system ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The functional brain imaging system market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
Added Benefits available all on all list-price licence purchases, to be claimed at time of purchase. Customisations within report scope and limited to 20% of content and consultant support time limited to 8 hours.